Problem 1: Is a voidable contract always unenforceable?
Problem 2: Consider this scenario:
- Contractor Smith bids on a highway construction job, incorporating Guardrail Company's bid into its overall bid to the state.
- Contractor Smith cannot officially accept Guardrail's offer until the state accepts the bid from Contractor Smith.
- Contractor Smith gets acceptance from the state, but before the Contractor can accept Guardrail's offer. Guardrail revokes it. Usually a person can revoke an offer any time before it is accepted.
Problem 3: Can Guardrail revoke its offer in this case? Explain your answer.